Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) Shares Acquired by Austin Wealth Management LLC

Austin Wealth Management LLC lifted its stake in Simplify US Equity PLUS Convexity ETF (NYSEARCA:SPYC) by 3.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 668,803 shares of the company’s stock after acquiring an additional 23,624 shares during the period. Simplify US Equity PLUS Convexity ETF comprises about 5.4% of Austin Wealth Management LLC’s holdings, making the stock its 5th biggest position. Austin Wealth Management LLC owned about 0.35% of Simplify US Equity PLUS Convexity ETF worth $25,792,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Noble Wealth Management PBC acquired a new stake in Simplify US Equity PLUS Convexity ETF during the 4th quarter valued at $550,000. Empowered Funds LLC acquired a new position in Simplify US Equity PLUS Convexity ETF during the fourth quarter valued at approximately $61,000. Fiduciary Alliance LLC bought a new stake in Simplify US Equity PLUS Convexity ETF during the 4th quarter worth approximately $553,000. Finally, Integrated Wealth Concepts LLC increased its stake in Simplify US Equity PLUS Convexity ETF by 3.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 288,311 shares of the company’s stock worth $10,889,000 after purchasing an additional 8,345 shares in the last quarter.

Simplify US Equity PLUS Convexity ETF Stock Performance

Shares of Simplify US Equity PLUS Convexity ETF stock opened at $34.46 on Wednesday. Simplify US Equity PLUS Convexity ETF has a 52-week low of $32.38 and a 52-week high of $40.43. The firm has a market cap of $64.78 million, a PE ratio of 26.58 and a beta of 0.98. The business’s 50 day simple moving average is $37.96 and its 200 day simple moving average is $38.11.

About Simplify US Equity PLUS Convexity ETF

The Simplify US Equity PLUS Convexity ETF (SPYC) is an exchange-traded fund that is based on the S&P 500 index. The fund is an actively managed, fund-of-funds that provides exposure to the S&P 500 with a systematic options overlay strategy. The overlay strategy seeks to enhance upside potential and hedge downside risk.